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Sunshine Oilsands Closes On C$200 Million Credit Facility

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October 15, 2012

Sunshine Oilsands Ltd. announced that it has closed a C$200 million syndicated secured credit facility.

The co-lead institutions that arranged the credit facility were Alberta Treasury Branches and Bank of China (Canada), supported by Bank of America NA, Canada Branch; HSBC Bank Canada; Morgan Stanley Senior Funding Inc.; Scotiabank; The Toronto-Dominion Bank; UBS AG Canada Branch; and Industrial and Commercial Bank of China (ICBC) (Canada). Alberta Treasury Branches was the agent for the lenders.

The credit facility will be used to complete the final construction of the ongoing West Ells ...

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